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License Fees Boost Compuware

Updated May 12, 2004 6:39 p.m. ET

Compuware Corp.'s fiscal fourth-quarter earnings rose 59% as software license fees increased 30%. In the quarter ended March 31, the Detroit-based software company earned $33.9 million, or nine cents a share, on revenue of $337.7 million. In the same period last year, it earned $21.4 million, or six cents a share, on revenue of $337.6 million. Compuware's earnings per share were in line with analysts' estimates, according to Thomson First Call. The company said fourth-quarter license fees rose to $101.3 million from $77.8 million. Maintenance fees rose to $104.3 million from $103.1 million, while professional...